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When would an individual want to purchase family life insurance?
Wiki User
∙ 11y ago
Family life insurance is a more simple to get complete coverage for the whole family under a single policy and rate instead of several different ones. One should purchase family life insurance when they have dependents that would be financial effected by their premature death.
Wiki User
∙ 11y ago
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Would it be cheaper to have family plan car Insurance or individual car insurance per person?
It is usually much cheaper to have an individual car insurance plan.
What are some types of insurance coverage?
Some main types of health insurance coverage are individual, group, and business.If you are getting insurance on just you that would be individual. They also have family.
Where can one purchase a travel insurance policy?
There are many sources for anyone who wants to purchase a travel insurance policy but the best place to start would be by contacting the insurance company an individual already has a policy with and to ask for a recommendation from them.
How much does it cost for family dental insurance?
Generally, dental insurance for family plans tends to run less than regular health insurance. An individual plans is roughly $28 a month or more so a family plan would run twice that amount.
Why would one purchase credit card protection?
Credit card protection is a form of insurance which an individual can take out with an insurance company. If the individual becomes unable to pay off their credit card debt due to illness or redundancy for example, the insurance will cover the debt.
Is increased Pay in Lieu of Benefits a good idea?
It depends on your individual circumstances. For example, an individual cannot purchase medical insurance for the same price as an employer and insurance paid for by an employer is tax-free while the insurance deduction for an individual is difficult to take. But if you are married and your spouse's employer provides family coverage, you may not need insurance. Or if you have another job, you may already have insurance. The same idea applies to other benefits. Some benefits you may be able to get cheaper on your own, others not. Some benefits you might need, some you would rather get the cash for.
Where can you purchase insurance for your hotpoint appliances?
You can purchase insurance for your hotpoint appliances pretty much anywhere. It is all up to you and your personal opinions about where you would like to purchase your insurance.
How difficult would be to purchase American travel insurance?
It is not difficult to purchase travel insurance if traveling from the United States. There are insurance companies that specialize in travel insurance, such as CanAm Insurance.
Would most people prefer to have term life insurance over regular life insurance?
It all depends on the actual individual if they want to have the regular life insurance for them and their family. Or if they prefer it being for a certain term instead.
Do individuals need to obtain health insurance if they have a job?
Some jobs provide individuals who are employees with health insurance benefits. However, not all employers provide health insurance, and in that case an individual would need to purchase their own health insurance if they wished to be covered. Also, some employers do not offer health insurance until after a probationary period (typically 90 days). If the employee wished to have health insurance during that period, they would have to purchase it on their own.
How does the legalization of same-sex marriage affect insurance companies?
Insurance companies will no longer be able to exclude same-sex married couples from the discount associated with family coverage. By way of example, in New York State prior to the enactment of the Marriage Equality Act, a same-sex couple purchasing health insurance would be required to purchase two individual policies, which cost more than one family policy. Employers were able to purchase "domestic partner coverage" which sold at rates lower than two individual policies, but private individuals themselves could not purchase domestic partner coverage. Now that same-sex marriage has been legalized in New York State, insurance companies are prohibited from excluding families from family coverage discounts on the bases of gender or sexual orientation.
How do you become part of the Bluecross insurance network?
You would first need to either go to their site or call them directly to get a quote. They do have a number of different plans (individual, family etc) You would need to see if you or your family qualifies.
